SUBWAY Franchise
Part Time Owner
Hawaii

EXECUTIVE SUMMARY
Opportunity to be your own boss and own and operate a SUBWAY franchise in Hawaii. Located in a high traffic location, operated for over 17 years, with strong consistent revenues of over $56,000 a month. In addition, the owner made a financial commitment by renovating the store in 2019. The current owner works about 12 hours a week in business mostly doing the financial reporting and not operations. The owner has indicated that when she did work in the store the “Add on” business was almost double that of other employees. Therefore, a motivated owner operator who plans on working this business should be able to increase revenues and profits by implementing a more marketing to local businesses, training of employees to sell more Add-ons and making sure they are controlling expenses.
COMPANY
Listing ID: HI Sandwich
Location: Maui, Hawaii
Type of Entity: S Corporation
Year Established:2003
FINANCIAL SUMMARY
2019
Revenue: $670,000
SDE: $50,795 working part time 12 hours a week
SDE: $107,995 if worked full time in the business by replacing manager
OFFERING SUMMARY
Asking Price: $399,000
Included Inventory: $4,000
Tangible Assets: $50,000
Non-Compete: 5 years in 10-mile radius
Training: 2 weeks; 30 hrs./wk.
Sale Reason: Retirement
REAL ESTATE/LEASE DETAILS
Status: Leased to 7/31/22 + 5-year option
Monthly Rent: $3,608 plus GET + CAM
Sq. Ft.:600
Other: Newly remodeled